House Passes Overhaul of College Aid Program

By: Libby Quaid / AP Education Writer
By: Libby Quaid / AP Education Writer

The House has voted in favor of the biggest overhaul of college aid programs since their creation in the 1960s -- a bill to oust private lenders from the student loan business and put the government in charge.

Thursday's vote was 253-171 in favor of a bill that fulfills an array of President Barack Obama's campaign promises, ending subsidies for private lenders, boosting Pell Grants for needy students and paying for community college reforms, among other things.

The measure goes next to the Senate, where its fate is a little less certain.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
8195 Front Beach Road Panama City Beach, FL 32407 Station: 850-234-7777 News: 850-230-5221 Fax: 850-233-6647 FCC Form 398
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 59650917